Step into a jeweler’s shop in Karachi early morning and the first thing you notice is the board with fresh numbers scribbled in chalk. A shop assistant wipes yesterday’s figure, writes a new one, and customers lean closer to see.
This simple update sets the pace for gold buyers across Pakistan. Housewives planning dowries, traders stocking bullion, even small investors with savings tucked aside, all wait for the daily gold rate in Pakistan today.
Latest Gold Prices in Pakistan (14K, 18K, 24K)
The current rates are shaped by the international market and the rupee’s performance against the dollar. Every shop revises as soon as numbers shift. Here are the figures being quoted.
- 24K per gram: PKR 33,600–33,900
- 24K per 10 grams: PKR 336,000–337,500
- 24K per tola: About PKR 392,000
- 18K per gram: PKR 25,200–25,500
- 18K per 10 grams: PKR 252,000–253,200
- 18K per tola: Around PKR 294,000
- 14K per gram: PKR 19,700–19,900
- 14K per 10 grams: Around PKR 196,000
- 14K per tola: PKR 228,600–230,500
For jewelers, 24K is the reference point. Buyers looking for affordable sets turn to 18K or 14K. The shine is there, the cost slightly lighter.
City-Wise Gold Rates Across Pakistan
Karachi sets the base, but every city tweaks the rate. A shopper in Lahore may find a small difference compared to Multan, often just a few hundred rupees.
| City | 24K per Tola | 22K per Tola | 18K per Tola | 14K per Tola |
| Karachi | Rs 392,000 | Rs 359,500 | Rs 294,000 | Rs 229,000 |
| Lahore | Rs 392,500 | Rs 360,000 | Rs 294,500 | Rs 229,300 |
| Islamabad | Rs 393,000 | Rs 360,400 | Rs 295,000 | Rs 230,000 |
| Peshawar | Rs 391,800 | Rs 359,200 | Rs 293,800 | Rs 228,700 |
| Multan | Rs 392,200 | Rs 359,800 | Rs 294,200 | Rs 229,200 |
Ask a jeweler why Multan is slightly cheaper and he’ll shrug, saying it depends on local demand. That’s the rhythm of the market.
Factors Influencing Gold Prices in Pakistan
Gold rates never move on their own. Several forces keep pushing them around.
International Market Prices
Every shop in Pakistan looks at the international price first. If the ounce price in London rises overnight, expect Pakistani rates to jump the next day. The connection is direct and fast.
Currency Exchange
The rupee’s fight with the dollar decides how hard gold hits local pockets. Even a one-rupee drop against the dollar pushes the per-gram cost higher. Dealers keep one eye on forex tickers before updating their charts.
Inflation and Seasonal Demand
Wedding season crowds bazaars in Lahore and Faisalabad. Demand spikes, and jewelers raise rates accordingly. Inflation changes buying habits. Families who once bought heavy 24K sets now prefer lighter 18K or even 14K to stretch their budgets.
Political and Economic Climate
Unstable months bring more gold buyers. Investors shift to bullion when politics feels shaky. Traders often say they sell more during uncertain weeks than during calm stretches.
Local Trader Margins
Margins explain the differences across cities. Every shopkeeper adds his own cut. That’s why a buyer in Islamabad may pay a little more than someone in Karachi for the same bangle.
Investment Outlook for Gold in Pakistan
Gold remains the fallback for Pakistanis. A farmer saving coins after harvest, a shopkeeper in Rawalpindi buying a few grams each month, or a business family in Karachi investing in bars, they all trust the metal. It holds value when the rupee struggles and banks give little return.
The past months showed sudden climbs followed by dips. Instead of pushing buyers away, this pattern confirmed gold’s staying power. Families still treat jewelry as savings. Traders see bullion as a liquid asset, easy to sell if needed.
Looking ahead, the rupee-dollar rate and global prices will steer the local market. Inflation is not softening, wedding demand will stay steady, and uncertainty keeps gold attractive. Many families will continue to lean on 18K as the middle ground. Those aiming for long-term security keep their eyes on 24K.
Gold in Pakistan may not promise quick profit, but it promises stability. That stability explains why customers line up at counters every morning, asking the same question shopkeepers hear without fail: “What’s the gold rate today?”